Consider a bond with a 7 annual coupon and a face value of

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Consider a bond with a 7% annual coupon and a face value of $1,000. Complete the following table:

Years to Maturity

Discount Rate

Current Price

3

5

 

3

7

 

6

7

 

9

7

 

9

9

 

What relationship do you observe between yield to maturity and the current market value?

Reference no: EM13485611

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